Semanteon Capital Management LP bought a new stake in Accel Entertainment, Inc. (NYSE:ACEL – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,175 shares of the company’s stock, valued at approximately $104,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Accel Entertainment by 36.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,775 shares of the company’s stock valued at $152,000 after purchasing an additional 3,917 shares during the period. SG Americas Securities LLC purchased a new stake in Accel Entertainment during the fourth quarter worth approximately $141,000. Vanguard Group Inc. grew its stake in Accel Entertainment by 7.3% during the third quarter. Vanguard Group Inc. now owns 3,101,745 shares of the company’s stock worth $33,964,000 after buying an additional 210,862 shares during the period. Trexquant Investment LP grew its stake in Accel Entertainment by 125.3% during the third quarter. Trexquant Investment LP now owns 56,724 shares of the company’s stock worth $621,000 after buying an additional 31,546 shares during the period. Finally, PEAK6 Investments LLC grew its stake in Accel Entertainment by 9.6% during the third quarter. PEAK6 Investments LLC now owns 34,979 shares of the company’s stock worth $383,000 after buying an additional 3,073 shares during the period. 55.39% of the stock is currently owned by hedge funds and other institutional investors.
Accel Entertainment Price Performance
ACEL opened at $11.20 on Friday. The company has a quick ratio of 2.78, a current ratio of 2.85 and a debt-to-equity ratio of 2.59. Accel Entertainment, Inc. has a 52-week low of $8.31 and a 52-week high of $12.05. The company has a 50 day moving average of $11.31 and a two-hundred day moving average of $10.60. The company has a market cap of $938.14 million, a P/E ratio of 21.12 and a beta of 1.40.
Insider Transactions at Accel Entertainment
In other news, Director Karl Mr. Peterson sold 16,707 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $12.00, for a total transaction of $200,484.00. Following the transaction, the director now directly owns 2,478,938 shares of the company’s stock, valued at $29,747,256. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director David W. Ruttenberg sold 14,292 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $11.01, for a total value of $157,354.92. Following the sale, the director now directly owns 446,914 shares of the company’s stock, valued at $4,920,523.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Karl Mr. Peterson sold 16,707 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $12.00, for a total transaction of $200,484.00. Following the completion of the sale, the director now directly owns 2,478,938 shares in the company, valued at $29,747,256. The disclosure for this sale can be found here. Over the last three months, insiders have sold 135,999 shares of company stock valued at $1,520,439. Corporate insiders own 19.17% of the company’s stock.
Accel Entertainment Company Profile
Accel Entertainment, Inc, together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.
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